HCP expects full-year funds from operations in the range of $1.79 to $1.83 per share.

The company's shares have risen 4.5 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has increased roughly 7 percent in the last 12 months.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on HCP at https://www.zacks.com/ap/HCP